The latest edition of the ISMG Security Report features an analysis of a federal crackdown on ICO cryptocurrency scams. Also featured: An update on the SonicWall hack investigation and the use of digital IDs to verify COVID-19 testing.
Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
The latest edition of the ISMG Security Report features an analysis of the critical security issues raised by the hacking of a Florida city water treatment plant. Also featured: The CISO of the World Health Organization discusses supply chain security; hackers steal celebrities' cryptocurrency.
Police have arrested 10 individuals suspected of being part of an international gang that targeted U.S. celebrities by using SIM-swapping attacks to steal cash and more than $100 million in cryptocurrency. Authorities say hackers continue to target cryptocurrency holders and exchanges.
Researchers at Kaspersky are warning that fraudsters are targeting Discord users with a scam centered on a fake cryptocurrency exchange and using the lure of free bitcoin or ethereum cryptocurrency to steal money and personal data.
A recently updated cryptojacking malware variant called Pro-Ocean, which is associated with hacking group called Rocke, is targeting vulnerable Apache and Oracle WebLogic servers, according to Palo Alto Networks. It now includes rootkit and worming capabilities.
A Russian national who served as the administrator for the now-defunct Deer.io online clearinghouse - which sold stolen credentials, hacked servers and criminal services, such as assistance performing hacking activities - has pleaded guilty to a federal charge.
Sentinel Labs researchers have identified an updated version of the cryptominer OSAMiner that targets the macOS operating system to mine for monero. The latest iteration uses new techniques to help prevent detection by security tools.
A recently uncovered remote access Trojan, dubbed ElectroRAT, has been stealing cryptocurrency from digital wallets over the past year, according to researchers at Intezer Labs. The malware, written in Golang, can target Windows, Linux and macOS platforms.
Facebook's relaunch and rebrand of its Libra digital payment initiative as Diem is seen by some as a shadow of its former self. Financial services commentator Chris Skinner explains why state governments and AML concerns are to blame.
The latest edition of the ISMG Security Report features an analysis of why the FireEye breach is a wake-up call for the cybersecurity industry. Also featured: Monero cryptocurrency scams; key considerations for cloud security.
Alexander Vinnik, a Russian national who founded the now-defunct BTC-e cryptocurrency exchange, has been found guilty of money laundering in France and has been sentenced to five years in prison, according to media reports. He faces additional charges in the U.S. and Russia.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are ditching banking Trojans in favor of ransomware attacks. Also featured: Defending against deep fakes; supporting a dispersed workforce.
The operators behind a botnet dubbed "Gitpaste-12" are abusing legitimate services such as GitHub and Pastebin to help hide the malware's malicious infrastructure, according to Juniper Threat Labs. This botnet mainly targets Linux apps and IoT devices and can mine cryptocurrency.
The U.S. Justice Department is looking to seize more than $1 billion worth of bitcoin that investigators have linked to the notorious Silk Road darknet marketplace. The cryptocurrency was stored within a mysterious digital wallet that had been dormant for years, but the subject of much speculation.